Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.4B | 3.2B | 3.2B | 3.0B | 2.3B | 1.8B | 1.9B | 1.9B | 1.5B | 1.1B | 1.4B | 1.3B | 1.2B |
| Revenue Growth % | 4.9% | 2.7% | 5.1% | 31.0% | 25.2% | -2.1% | -2.2% | 28.4% | 31.2% | -18.0% | 4.9% | 12.9% | -- |
| Total Revenue | 3.4B | 3.2B | 3.2B | 3.0B | 2.3B | 1.8B | 1.9B | 1.9B | 1.5B | 1.1B | 1.4B | 1.3B | 1.2B |
| Cost Of Revenue | 2.8B | 2.8B | 2.7B | 2.6B | 1.9B | 1.5B | 1.5B | 1.6B | 1.1B | 867.0M | 1.1B | 985.0M | 885.0M |
| Gross Profit | 581.0M | 483.0M | 474.0M | 391.0M | 375.0M | 323.0M | 338.0M | 365.0M | 394.0M | 270.0M | 324.0M | 337.0M | 286.0M |
| Gross Margin % | 17.0% | 14.9% | 15.0% | 13.0% | 16.3% | 17.6% | 18.0% | 19.1% | 26.4% | 23.7% | 23.4% | 25.5% | 24.4% |
| Total Operating Cost | 3.4B | 3.1B | 3.1B | 3.0B | 2.2B | 1.8B | 1.8B | 1.8B | 1.3B | 1.0B | 1.3B | 1.2B | 1.1B |
| Selling Expenses | 35.8M | 24.5M | 41.3M | 27.5M | 24.3M | 61.3M | 50.6M | 45.3M | 37.1M | 21.8M | 22.2M | 18.4M | 13.1M |
| Admin Expenses | 158.0M | 127.0M | 121.0M | 112.0M | 95.7M | 110.0M | 87.9M | 81.4M | 134.0M | 112.0M | 130.0M | 123.0M | 112.0M |
| Rd Expenses | 140.0M | 110.0M | 92.7M | 79.5M | 60.9M | 53.2M | 49.6M | 53.3M | -- | -- | -- | -- | -- |
| Finance Expenses | 58.2M | 55.6M | 54.1M | 47.4M | 48.9M | 43.5M | 28.4M | 20.9M | 22.3M | 29.7M | 44.2M | 39.9M | 37.0M |
| Operating Income | 58.3M | 153.0M | 108.0M | 68.2M | 87.8M | 36.2M | 92.6M | 148.0M | 174.0M | 89.6M | 104.0M | 139.0M | 106.0M |
| Operating Margin % | 1.7% | 4.7% | 3.4% | 2.3% | 3.8% | 2.0% | 4.9% | 7.7% | 11.7% | 7.9% | 7.5% | 10.5% | 9.1% |
| Non Operating Income | 361,200 | 158,200 | 347,700 | 527,000 | 226,500 | 129,200 | 743,600 | 1.6M | 3.6M | 5.9M | 5.0M | 8.8M | 2.5M |
| Non Operating Expenses | 3.1M | 2.1M | 724,600 | 1.2M | 2.4M | 251,600 | 69,800 | 54,600 | 8,000 | 546,900 | 306,600 | 219,700 | 455,500 |
| Investment Income | -3.8M | 17.0M | -1.8M | -1.4M | 8.3M | 12.9M | 20.5M | 16.1M | -- | -- | -- | -- | -- |
| Fair Value Change Income | 91,500 | -125,100 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -5.4M | 269,900 | 157,300 | -533,800 | 558,300 | 635,800 | 224,100 | -210,200 | -13,800 | -- | -- | -- | -- |
| Asset Impairment Loss | 89.0M | 23.7M | 44.3M | 26.8M | 19.8M | 25.2M | 39.5M | 21.2M | 12.9M | 10.6M | 15.5M | 9.0M | 10.9M |
| Other Income | 45.3M | 30.6M | 22.9M | 17.8M | 20.3M | 13.7M | 9.5M | 8.1M | -- | -- | -- | -- | -- |
| Income Before Tax | 55.6M | 151.0M | 107.0M | 67.5M | 85.7M | 36.1M | 93.3M | 149.0M | 177.0M | 94.9M | 109.0M | 148.0M | 108.0M |
| Income Tax | -12.6M | 19.7M | 10.9M | 8.1M | 10.5M | 11.5M | 15.0M | 22.2M | 28.8M | 17.7M | 20.9M | 25.4M | 16.2M |
| Net Income | 68.2M | 132.0M | 96.5M | 59.4M | 75.2M | 24.5M | 78.3M | 127.0M | 148.0M | 77.2M | 88.3M | 122.0M | 92.3M |
| Net Margin % | 2.0% | 4.1% | 3.0% | 2.0% | 3.3% | 1.3% | 4.2% | 6.6% | 9.9% | 6.8% | 6.4% | 9.2% | 7.9% |
| Net Income Attributable | 68.2M | 132.0M | 96.5M | 59.4M | 75.2M | 24.5M | 78.3M | 127.0M | 148.0M | 77.2M | 88.3M | 122.0M | 92.3M |
| Eps Basic | 0.30 | 0.65 | 0.47 | 0.29 | 0.37 | 0.12 | 0.38 | 0.67 | 0.97 | 0.50 | 0.58 | 0.80 | 0.65 |
| Eps Diluted | -- | -- | -- | -- | -- | -- | -- | 0.67 | 0.97 | 0.50 | 0.58 | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 762.0M | 368.0M | 225.0M | 276.0M | 486.0M | 345.0M | 582.0M | 634.0M | 49.4M | 82.2M | 7.5M | 88.2M | 15.2M |
| Trading Financial Assets | -- | -- | -- | -- | -- | 335.0M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 894.0M | 760.0M | 744.0M | 571.0M | 348.0M | 228.0M | 228.0M | 219.0M | 128.0M | 113.0M | 150.0M | 85.7M | 111.0M |
| Notes Receivable | 9.9M | 40.5M | 55.8M | 42.5M | 134.0M | 144.0M | 84.9M | 143.0M | 83.1M | 96.0M | 18.8M | 122.0M | 25.9M |
| Notes And Accounts Receivable | 904.0M | 800.0M | 799.0M | 614.0M | 483.0M | 372.0M | 313.0M | 362.0M | 211.0M | 209.0M | 169.0M | 207.0M | 137.0M |
| Prepayments | 169.0M | 164.0M | 132.0M | 113.0M | 166.0M | 156.0M | 122.0M | 154.0M | 77.1M | 19.2M | 46.9M | 94.8M | 73.6M |
| Inventory | 496.0M | 411.0M | 428.0M | 362.0M | 380.0M | 292.0M | 256.0M | 268.0M | 233.0M | 108.0M | 166.0M | 166.0M | 152.0M |
| Total Current Assets | 2.5B | 1.9B | 1.7B | 1.6B | 1.7B | 1.7B | 1.4B | 1.5B | 589.0M | 434.0M | 412.0M | 571.0M | 394.0M |
| Fixed Assets | -- | 1.8B | -- | 1.3B | 1.3B | 1.2B | 698.0M | 721.0M | 647.0M | 542.0M | 597.0M | 427.0M | 399.0M |
| Fixed Assets Total | 2.5B | 1.8B | 1.7B | 1.3B | 1.3B | 1.2B | 698.0M | 721.0M | 647.0M | 542.0M | 597.0M | 427.0M | 399.0M |
| Construction In Progress | -- | 662.0M | -- | 443.0M | 244.0M | 278.0M | 331.0M | 30.5M | 124.0M | 57.9M | 22.0M | 57.2M | 5.4M |
| Construction In Progress Total | 292.0M | 662.0M | 332.0M | 443.0M | 244.0M | 278.0M | 331.0M | 30.5M | 124.0M | 57.9M | 22.0M | 57.2M | 5.4M |
| Intangible Assets | 374.0M | 329.0M | 300.0M | 308.0M | 303.0M | 310.0M | 316.0M | 152.0M | 117.0M | 105.0M | 98.3M | 100.0M | 81.4M |
| Long Term Deferred Expenses | 84.9M | 27.0M | 48.5M | 54.2M | 63.6M | 28.5M | 22.5M | 21.9M | 23.0M | 1.9M | 2.6M | 3.2M | -- |
| Total Non Current Assets | 3.4B | 3.0B | 2.5B | 2.3B | 2.0B | 2.0B | 1.5B | 992.0M | 944.0M | 770.0M | 731.0M | 620.0M | 494.0M |
| Total Assets | 5.9B | 4.9B | 4.2B | 3.9B | 3.6B | 3.7B | 2.9B | 2.5B | 1.5B | 1.2B | 1.1B | 1.2B | 887.0M |
| Short Term Borrowings | 895.0M | 963.0M | 603.0M | 714.0M | 630.0M | 671.0M | 534.0M | 390.0M | 395.0M | 414.0M | 390.0M | 470.0M | 363.0M |
| Accounts Payable | 660.0M | 475.0M | 492.0M | 413.0M | 365.0M | 399.0M | 246.0M | 208.0M | 208.0M | 76.1M | 131.0M | 93.2M | 118.0M |
| Advance Receipts | -- | -- | 2.5M | 1.2M | 4.7M | 34.6M | 17.4M | 18.1M | 20.9M | 3.0M | 4.4M | 1.7M | 291,900 |
| Contract Liabilities | 61.6M | 56.1M | 79.1M | 84.0M | 48.9M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 2.7B | 2.3B | 1.9B | 1.7B | 1.6B | 1.7B | 1.1B | 809.0M | 762.0M | 584.0M | 601.0M | 714.0M | 556.0M |
| Long Term Borrowings | 598.0M | 414.0M | 298.0M | 197.0M | 130.0M | 193.0M | 78.0M | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 756.0M | 568.0M | 455.0M | 335.0M | 266.0M | 322.0M | 175.0M | 32.1M | 24.9M | 22.1M | 21.9M | 22.8M | -- |
| Total Liabilities | 3.4B | 2.9B | 2.3B | 2.1B | 1.9B | 2.0B | 1.2B | 841.0M | 787.0M | 606.0M | 623.0M | 737.0M | 556.0M |
| Paid In Capital | 238.0M | 204.0M | 204.0M | 204.0M | 204.0M | 204.0M | 204.0M | 204.0M | 153.0M | 153.0M | 153.0M | 153.0M | 120.0M |
| Capital Reserve | 1.2B | 797.0M | 797.0M | 797.0M | 797.0M | 797.0M | 797.0M | 797.0M | 63.6M | 63.6M | 63.6M | 63.6M | 96.6M |
| Surplus Reserve | 86.6M | 86.6M | 83.7M | 77.7M | 75.4M | 62.5M | 61.0M | 56.1M | 48.4M | 38.5M | 31.4M | 22.0M | 11.3M |
| Retained Earnings | 952.0M | 910.0M | 801.0M | 723.0M | 688.0M | 634.0M | 635.0M | 600.0M | 481.0M | 343.0M | 272.0M | 215.0M | 104.0M |
| Equity Attributable | 2.4B | 2.0B | 1.9B | 1.8B | 1.8B | 1.7B | 1.7B | 1.7B | 746.0M | 598.0M | 520.0M | 454.0M | 332.0M |
| Total Equity | 2.4B | 2.0B | 1.9B | 1.8B | 1.8B | 1.7B | 1.7B | 1.7B | 746.0M | 598.0M | 520.0M | 454.0M | 332.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 2.0B | 1.7B | 1.3B | 1.4B | 1.3B | 931.0M | 686.0M | 579.0M | 621.0M | 484.0M | 630.0M | 312.0M | 425.0M |
| Tax Refunds Received | 9.3M | 26.6M | 105.0M | 13.3M | 3.6M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 2.1B | 1.8B | 1.4B | 1.4B | 1.3B | 983.0M | 763.0M | 598.0M | 629.0M | 492.0M | 639.0M | 484.0M | 437.0M |
| Cash Paid For Goods | 1.5B | 1.2B | 1.0B | 969.0M | 934.0M | 751.0M | 369.0M | 200.0M | 231.0M | 108.0M | 130.0M | 89.4M | 132.0M |
| Cash Paid To Employees | 438.0M | 407.0M | 388.0M | 345.0M | 267.0M | 265.0M | 262.0M | 263.0M | 208.0M | 164.0M | 192.0M | 156.0M | 124.0M |
| Taxes Paid | 122.0M | 120.0M | 125.0M | 107.0M | 87.1M | 94.9M | 108.0M | 113.0M | 106.0M | 95.7M | 106.0M | 96.9M | 105.0M |
| Total Operating Cash Outflow | 2.1B | 1.8B | 1.6B | 1.5B | 1.3B | 1.1B | 779.0M | 606.0M | 574.0M | 389.0M | 452.0M | 524.0M | 391.0M |
| Operating Cash Flow | -3.2M | -28.6M | -122.0M | -21.3M | -691,900 | -158.0M | -15.6M | -7.7M | 54.5M | 102.0M | 186.0M | -39.9M | 45.6M |
| Total Investing Cash Inflow | 2.5M | 996,700 | 1.8M | 598,000 | 1.1B | 1.4B | 2.3B | 1.8B | 716,700 | 2.2M | 2.0M | 884,500 | 601,200 |
| Total Investing Cash Outflow | 262.0M | 371.0M | 197.0M | 286.0M | 799.0M | 1.8B | 2.5B | 2.0B | 53.9M | 44.4M | 62.9M | 36.3M | 101.0M |
| Investing Cash Flow | -259.0M | -370.0M | -195.0M | -286.0M | 297.0M | -412.0M | -236.0M | -175.0M | -53.2M | -42.2M | -60.9M | -35.4M | -100.0M |
| Cash From Borrowings | 1.5B | 1.5B | 1.2B | 1.0B | 692.0M | 881.0M | 659.0M | 439.0M | 543.0M | 587.0M | 583.0M | 637.0M | 401.0M |
| Dividends And Interest Paid | 84.6M | 75.2M | 60.4M | 65.7M | 50.4M | 60.7M | 62.7M | 17.6M | 19.2M | 24.4M | 53.9M | 31.4M | 27.2M |
| Debt Repayments | 1.2B | 938.0M | 938.0M | 884.0M | 739.0M | 613.0M | 418.0M | 444.0M | 562.0M | 563.0M | 663.0M | 530.0M | 366.0M |
| Total Financing Cash Inflow | 1.9B | 1.5B | 1.2B | 1.0B | 692.0M | 881.0M | 659.0M | 1.2B | 543.0M | 587.0M | 583.0M | 637.0M | 461.0M |
| Total Financing Cash Outflow | 1.3B | 1.0B | 1.0B | 956.0M | 791.0M | 674.0M | 481.0M | 476.0M | 581.0M | 587.0M | 718.0M | 562.0M | 394.0M |
| Financing Cash Flow | 586.0M | 442.0M | 240.0M | 75.2M | -98.6M | 207.0M | 178.0M | 759.0M | -38.1M | -602,500 | -134.0M | 74.5M | 67.3M |
| Net Change In Cash | 324.0M | 43.0M | -78.1M | -232.0M | 197.0M | -363.0M | -73.9M | 576.0M | -36.8M | 59.5M | -8.9M | -838,700 | 12.6M |
| Ending Cash Balance | 422.0M | 97.6M | 54.6M | 133.0M | 365.0M | 167.0M | 530.0M | 604.0M | 28.2M | 65.0M | 5.5M | 14.4M | 15.2M |
| Capex | 262.0M | 371.0M | 197.0M | 286.0M | 49.1M | 132.0M | 288.0M | 128.0M | 53.9M | 44.4M | 62.9M | 36.3M | 101.0M |